Nielsen N.V.’s (NLSN) “Hold” Rating Reiterated at Cantor Fitzgerald
Nielsen N.V. (NYSE:NLSN)‘s stock had its “hold” rating reiterated by research analysts at Cantor Fitzgerald in a research report issued to clients and investors on Monday. They presently have a $45.00 target price on the business services provider’s stock. Cantor Fitzgerald’s target price would suggest a potential upside of 7.76% from the company’s current price.
The analysts wrote, “Largely in-line 3Q17 results expected. Our 3Q17 revenue/EBITDA/adj. EPS estimates are $1,628.4M (+3.7% Y/Y ex FX)/$511.0M (31.4% margin)/$0.71, in-line to slightly below average consensus estimates (FactSet) of $1,645M/ $524M/$0.69, respectively.””
Other equities analysts have also issued research reports about the stock. TheStreet raised shares of Nielsen N.V. from a “c” rating to a “b-” rating in a research report on Monday, July 31st. Needham & Company LLC reaffirmed a “buy” rating and set a $55.00 target price on shares of Nielsen N.V. in a research report on Tuesday, September 12th. Zacks Investment Research raised shares of Nielsen N.V. from a “hold” rating to a “buy” rating and set a $45.00 target price on the stock in a research report on Friday, July 28th. BidaskClub raised shares of Nielsen N.V. from a “hold” rating to a “buy” rating in a research report on Saturday, August 5th. Finally, BMO Capital Markets reaffirmed a “hold” rating and set a $44.00 target price on shares of Nielsen N.V. in a research report on Wednesday, September 13th. Nine analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Nielsen N.V. presently has an average rating of “Hold” and a consensus target price of $45.46.
Nielsen N.V. (NLSN) opened at 41.76 on Monday. The firm has a market capitalization of $14.89 billion, a price-to-earnings ratio of 30.44 and a beta of 0.99. Nielsen N.V. has a one year low of $36.96 and a one year high of $54.99. The firm’s 50-day moving average is $40.29 and its 200 day moving average is $39.90.
Nielsen N.V. (NYSE:NLSN) last issued its quarterly earnings data on Thursday, July 27th. The business services provider reported $0.49 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.14). Nielsen N.V. had a return on equity of 15.96% and a net margin of 7.68%. The firm had revenue of $1.64 billion during the quarter, compared to analyst estimates of $1.65 billion. During the same quarter in the previous year, the firm posted $0.31 earnings per share. Nielsen N.V.’s quarterly revenue was up 3.0% compared to the same quarter last year. Analysts forecast that Nielsen N.V. will post $2.61 EPS for the current fiscal year.
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In other Nielsen N.V. news, insider Stephen Hasker sold 20,930 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $43.00, for a total value of $899,990.00. Following the sale, the insider now owns 79,341 shares of the company’s stock, valued at approximately $3,411,663. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Jeffrey Charlton sold 3,762 shares of the business’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of $49.21, for a total transaction of $185,128.02. The disclosure for this sale can be found here. Insiders sold a total of 43,312 shares of company stock worth $1,811,484 in the last three months. Insiders own 0.67% of the company’s stock.
Several institutional investors and hedge funds have recently bought and sold shares of NLSN. BlackRock Inc. grew its holdings in shares of Nielsen N.V. by 4,459.8% in the 1st quarter. BlackRock Inc. now owns 30,913,604 shares of the business services provider’s stock worth $1,277,040,000 after purchasing an additional 30,235,644 shares during the last quarter. Jackson Square Partners LLC grew its holdings in shares of Nielsen N.V. by 724.3% in the 1st quarter. Jackson Square Partners LLC now owns 9,298,023 shares of the business services provider’s stock worth $556,276,000 after purchasing an additional 8,169,990 shares during the last quarter. Capital Research Global Investors grew its holdings in shares of Nielsen N.V. by 21.2% in the 2nd quarter. Capital Research Global Investors now owns 38,007,292 shares of the business services provider’s stock worth $1,469,362,000 after purchasing an additional 6,648,088 shares during the last quarter. Winslow Capital Management LLC bought a new stake in shares of Nielsen N.V. in the 3rd quarter worth about $278,689,000. Finally, Alecta Pensionsforsakring Omsesidigt bought a new stake in shares of Nielsen N.V. in the 1st quarter worth about $267,723,000. 96.29% of the stock is currently owned by institutional investors and hedge funds.
About Nielsen N.V.
Nielsen N.V. (Nielsen), formerly Nielsen Holdings N.V., is an information and measurement company. The Company is engaged in providing clients with an understanding of consumers and consumer behavior. The Company delivers media and marketing information, and analytics on a global and local basis. Nielsen operates through two business segments: Buy and Watch.
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